AUSTIN, Texas – August 21, 2018 – Kony, Inc., a leading provider of digital banking solutions, today announced it has been accepted as a Gold Partner by the National Association of Credit Union Services Organizations (NACUSO), the only trade association for the Credit Union Service Organization (CUSO) movement. As a Gold Partner member, Kony’s digital banking division Kony DBX will support NACUSO’s mission “To be the catalyst for instituting collaboration, innovation, and the reinvention of the Credit Union industry.”
“We are thrilled to welcome our new Gold Partner Kony DBX to the NACUSO family,” said Jack Antonini, president and CEO of NACUSO. “Kony has a strong track record of helping credit unions successfully deliver innovative digital banking solutions to meet the ever changing needs of its members. It’s industry leading companies like Kony that help us to continue to support the credit union movement with quality education, ongoing advocacy and fostering innovation and collaboration through CUSOs.”
“With the dramatic impact of digital banking trends hitting the financial services sector, the credit union industry is facing one of the most disruptive shifts in its history,” said Jeffery Kendall, senior vice president and general manager, Kony DBX. “We are committed to supporting and helping NACUSO fulfill its mission to preserve the value of the credit union industry, and fostering increased collaboration and innovation within this industry.”
To empower credit unions with the opportunity to innovate and take advantage of digital trends that are impacting the industry, Kony DBX provides digital banking solutions that are specifically tailored to meet the needs of the banks and the credit union industry. Kony DBX represents a major advancement in digital technology to help banks and credit unions deliver frictionless experiences to customers across every point of interaction. Kony is the first vendor to provide pre-built, native and web apps along with a purpose-built digital banking platform for financial institutions. The Kony DBX platform builds on Kony’s digital expertise in multiple industries, with advanced technology solutions supported by an expansive partner network.
Kony has been named a “Leader” among the top Digital Experience Development Platforms vendors in The Forrester Wave™: Digital Experience Development Platform, Q2 2018 report. Kony has also been recognized as a “Leader” in the IDC MarketScape: 2017 North American Mobile Banking and Payments report, with the highest rating for Mobile Banking capabilities, and it is a Callahan’s 2018 Innovation Series winner. In addition, Kony earned two top honors at the American Banker Digital Banking 2018 event: Runner Up for Best in Show and People’s Choice.
The National Association of Credit Union Service Organizations was formed in 1984 to help credit unions explore the use of CUSOs and the delivery of non-traditional products and services. Over the years, NACUSO’s focus has evolved to helping credit unions form multi-owned CUSOs and participate in collaboration and the cooperative business model, as well as advocating a regulatory climate that is conducive to collaboration and utilizing CUSOs for the benefit of credit union members.
About Kony, Inc.
Kony is the fastest growing, cloud-based digital application and low-code platform solutions company, and a recognized industry leader among low code and mobile application development platform (MADP) providers. Kony DBX is the banking and financial services arm of Kony, Inc. and is a globally recognized leader in digital banking transformation. With a portfolio of modern, frictionless applications powered by the industry’s most recognized platform, Kony DBX enables banks and credit unions of any size to accelerate innovation — without compromising what’s critical.
Denise Wymore, NACUSO
Jean Kondo, Kony, Inc.
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